Telkom Financial Services has launched the Telkom Pay Mobile Point-of-Sale app, a fintech tool that allows small, micro, and medium business owners to make and receive payments through their mobile phones.The South African telecom provider says it is committed to providing SMMEs with solutions that will enable them to fully participate in the digital economy. Through the app, business owners can register and receive payments in a matter of minutes.
The Telkom Pay mPOS app is available to Android, Apple, and Huawei users on the respective app stores and requires no paperwork or a physical point-of-sale device. It is a pay-as-you-use solution with a competitive rate of 2.5%.
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